Coromandel Granites (I) Limited

Company specializes in processing and exporting natural stone and building materials since 1986.

1986 | Pondicherry (India) | Under Insolvency
Last Updated: January 17, 2025

Coromandel Granites (I) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.99 Cr
  • Company Age 38 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 15.03 Cr
  • Revenue Growth -81.25%
  • Profit Growth -92.22%
  • Ebitda -1047.25%
  • Net Worth -13.11%
  • Total Assets 1.14%

About Coromandel Granites (I)

Coromandel Granites (I) Limited (CGIL) is Under Cirp company established on 30 May 1986 with its office registered at Pondicherry, India and has been running since 38 Year, 8 Months with a paid up capital of 4.99 Cr. According to MCA records, 4 Directors and 1 Signatories are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Pondicherry, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L14102PY1986PLC000415

  • Company No.

    000415

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 May 1986

  • Date of AGM

    01 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Pondicherry

Industry

Metals and Minerals

Who are the key members and board of directors at Coromandel Granites (I)?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashok Gupta Country flag representing In CFO01-Mar-2017Current

Board Members (4)

NameDesignationAppointment DateStatus
Mahaveer Bafna Country flag representing In Whole-Time Director 29-Jun-2018Current
Chandni Bafna Country flag representing In Director 08-Jun-2012Current
Megna Surana Country flag representing In Director 25-Jan-2018Current
Thangaraj Pillai Country flag representing In Director 31-Dec-2020Current

Financial Performance of Coromandel Granites (I).

Coromandel Granites (I) Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 81.25% decrease. The company also saw a substantial fall in profitability, with a 92.22% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.11%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-81.25%
Revenue from Operations
-89.51%
Total Assets
1.14%
Profit or Loss
-92.22%
Net Worth
-13.11%
EBITDA
-1047.25%

What is the Ownership and Shareholding Structure of Coromandel Granites (I)?

In 2021, Coromandel Granites (I) had a promoter holding of 59.57% and a public holding of 40.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹15.03 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 9.83 Cr
  • Industrial Finance Corporation Of India Ltd. : 5.20 Cr

Latest Charge Details

DateLenderAmountStatus
06 Feb 2001Canara Bank₹1.00 MSatisfied
19 Jun 1998Canara Bank₹0.50 MSatisfied
08 Jun 1998Canara Bank₹0.50 MSatisfied
14 Mar 1998Canara Bank₹0.20 MSatisfied
21 Feb 1998Canara Bank₹0.50 MSatisfied

How Many Employees Work at Coromandel Granites (I)?

Unlock and access historical data on people associated with Coromandel Granites (I), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Coromandel Granites (I), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Coromandel Granites (I)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Coromandel Granites (I)

Recent activity within the organization

  • Annual General Meeting

    Coromandel Granites (I) Limited last Annual general meeting of members was held on 01 Jul 2024 as per latest MCA records.

    01 Jul 2024

  • Balance Sheet

    Coromandel Granites (I) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pondicherry.

    31 Mar 2024

  • Director Appointment

    Thangaraj Subramanian Pillai was appointed as a Director was appointed as a Director on 31 Dec 2020 & has been associated with this company since 4 years 1 month .

    31 Dec 2020

  • Director Appointment

    Mahaveer Bafna was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Jun 2018 & has been associated with this company since 6 years 7 months .

    29 Jun 2018

  • Director Appointment

    Megna Surana was appointed as a Director was appointed as a Director on 25 Jan 2018 & has been associated with this company since 7 years 1 month .

    25 Jan 2018

  • Director Appointment

    Ashok Gupta was appointed as a Cfo was appointed as a Cfo on 01 Mar 2017 & has been associated with this company since 7 years 11 months .

    01 Mar 2017

Frequently asked questions

  • Coromandel Granites (I) Limited was incorporated on 30 May 1986.

  • The authorized share capital of Coromandel Granites (I) Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.99 Cr.

  • Currently 5 directors are associated with Coromandel Granites (I) Limited.

    • Mahaveer Bafna
    • Chandni Mahaveer Bafna
    • Megna Surana
    • Thangaraj Subramanian Pillai
    • Ashok Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Coromandel Granites (I) Limited is C/O. G. Jayanthi No.2 Kamarajar Street 1St Floor Ashok Nagar, Lawspet India, Pondicherry, 605008.

  • The corporate identification number (CIN) of Coromandel Granites (I) Limited is L14102PY1986PLC000415 and the company number is 000415 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Coromandel Granites (I) Limited has fallen by -81.25%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Coromandel Granites (I) Limited has experienced an downturn of -13.11%.

  • The most recent Balance Sheet for Coromandel Granites (I) Limited was filed with the ROC on 31 Mar 2024.

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